This smallcap company has topped the list of best-performing stocks, soaring over 27 per cent in just ten trading sessions!

This smallcap company has topped the list of best-performing stocks, soaring over 27 per cent in just ten trading sessions!

Mandar Wagh
/ Categories: Trending, Multibaggers

Small-cap bulls were kept busy by the upswing in such small-cap stocks during a period when investor confidence was lacking.

Optimistic economic data, including a drop in retail inflation, a rise in manufacturing activity and other upbeat global cues, led to a modest rally in the initial sessions of 2023. The indices then began to decline steadily, being severely dragged down by losses in numerous sectors.  

Heavy selling pressure was visible in the BSE Bankex and BSE Realty sectors, which had the worst performances over the past two weeks. The Indian benchmark indices BSE Sensex and Nifty 50 both plunged 1-2 per cent during the fortnight.  

The rally in some Small-Cap stocks, on the other side, helped broader indices remain more stable than main indices. Small-cap bulls were kept busy by the upswing in such small-cap stocks during a period when investor confidence was lacking.  

Shares of BCL Industries have topped the list of the best-performing small-cap stocks so far this year. Despite the weak market sentiments, shares of BCL Industries surged more than 27 per cent in just ten trading sessions and attracted investors.  

Here is a list of the top performing small-cap stocks that impressed investors with their outstanding returns!  

Stock Name YTD Returns (%)
BCL Industries  27.87
Transformers & Rectifiers  25.02
KBC Global  23.51
Nelcast Ltd 23.42
Sigachi Industries  23.31
Sterling Tools Ltd 22.02
Goldiam International  21.86
Schneider Electric Infrastructure  20.44
RateGain Travel Technologies  19.97
Rama Steel Tubes  18.84

 

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